Northwestern Mutual Wealth Management Co. Purchases 21,070 Shares of SPDR S&P Health Care Equipment ETF $XHE

Northwestern Mutual Wealth Management Co. lifted its position in SPDR S&P Health Care Equipment ETF (NYSEARCA:XHE) by 3,880.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,613 shares of the company’s stock after buying an additional 21,070 shares during the period. Northwestern Mutual Wealth Management Co. owned about 1.27% of SPDR S&P Health Care Equipment ETF worth $1,907,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in XHE. Raymond James Financial Inc. increased its position in shares of SPDR S&P Health Care Equipment ETF by 6.2% in the 2nd quarter. Raymond James Financial Inc. now owns 13,376 shares of the company’s stock valued at $1,086,000 after buying an additional 781 shares in the last quarter. Bank of America Corp DE increased its position in shares of SPDR S&P Health Care Equipment ETF by 49.4% in the 2nd quarter. Bank of America Corp DE now owns 29,244 shares of the company’s stock valued at $2,375,000 after buying an additional 9,667 shares in the last quarter. Modern Wealth Management LLC increased its position in shares of SPDR S&P Health Care Equipment ETF by 22.1% in the 2nd quarter. Modern Wealth Management LLC now owns 19,164 shares of the company’s stock valued at $1,556,000 after buying an additional 3,475 shares in the last quarter. Capital Investment Advisory Services LLC increased its position in shares of SPDR S&P Health Care Equipment ETF by 34.1% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 1,180 shares of the company’s stock valued at $93,000 after buying an additional 300 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its position in shares of SPDR S&P Health Care Equipment ETF by 57.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 4,916 shares of the company’s stock valued at $387,000 after buying an additional 1,803 shares in the last quarter.

SPDR S&P Health Care Equipment ETF Stock Down 1.9%

XHE opened at $79.67 on Thursday. SPDR S&P Health Care Equipment ETF has a 12 month low of $75.63 and a 12 month high of $93.62. The company has a fifty day simple moving average of $80.11 and a 200 day simple moving average of $84.52. The stock has a market cap of $127.47 million, a P/E ratio of 29.20 and a beta of 0.99.

About SPDR S&P Health Care Equipment ETF

The SPDR S&P Health Care Equipment ETF (XHE) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of U.S. health care equipment and supplies companies. XHE was launched on Jan 26, 2011 and is managed by State Street.